Odessa port plant (OPP) is preparing to resume work after three months of inactivity. This was stated by the acting Director of the HMO Sergey Nazarenko, according to local newspaper WUXI.

Stop the production of the company has been associated with maintenance. “Tentatively we plan to leave repair of aggregates of urea and ammonia from 8 to 10 October,” – said Nazarenko.

It is also reported that the HMO entered into a contract for the supply of natural gas to a private company. Gas will be supplied under a tolling arrangement. IPF state that the price of gas will be below that which provides industrial consumers of Naftogaz of Ukraine, and will be 7600 UAH per 1 thousand cubic meters.

“Due to the fact that we do not have enough working capital, we can only work on tolling scheme. Gas in exchange for ammonia”, – said Nazarenko.

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According to the guidelines of the IPF, in January-August, 2017 Ukraine imported mineral fertilizers on $720 million to About $360 million was accounted for by the supply of nitrogen fertilizers (made from ammonia produced by the IPF). In January-August the country exported mineral fertilizers only $70 million.

Recall that the IPF was stopped in July. Now the company only ships in inventory levels.

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As reported, the state property Fund expects to privatize OPZ spring of 2018.

HMO is preparing to resume work after three months of inactivity 09.10.2017

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